Thyssenkrupp has successfully completed the sale of a 20% stake in its steel division to the Czech energy company EP Corporate Group (EPCG). This transaction marks a significant step towards the independence of Thyssenkrupp’s steel business.
The deal, initially agreed upon in April 2024, has received all necessary approvals. EPCG’s involvement is expected to contribute to the transformation and modernization of Thyssenkrupp’s steel production. The parties are also discussing the potential acquisition of an additional 30% stake, aiming to form a 50/50 joint venture in the future.
